housing affordability

The average 30-year fixed mortgage rate reached 6.95 percent as rising borrowing costs continued to affect homebuyers and sellers across the United States.

The U.S. rental housing market is showing renewed signs of stability as apartment demand begins to outpace new supply for the first time in several years. Industry analysts say the shift marks an important turning point for renters, landlords, and investors after an extended period of rapid multifamily construction and moderating rent growth. According to

The U.S. rental housing market continues to move toward greater stability as a growing supply of newly completed apartments provides renters with more options and encourages stronger competition among property owners. Recent housing data indicate that national asking rents have continued their gradual moderation, reflecting the impact of increased multifamily construction across many metropolitan areas.

A sustained wave of apartment construction is continuing to improve conditions for renters across much of the United States, according to newly released housing market data. While affordability remains a challenge in many metropolitan areas, the expansion of multifamily housing inventory has helped moderate rent growth, offering tenants more choices and increasing competition among property

Renters across the United States continue to face a changing housing landscape as mortgage rates moved higher at the start of the week, reinforcing affordability challenges that have slowed homebuying activity and influenced demand for rental housing. As of July 13, the national average rate for a 30-year fixed mortgage rose to 6.58%, extending a